Row 30894

Row ID: 30894 | Dataset Entry | Axioma AXP Content Repository

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Immigration to the US is also far from the economics bonanza LoriLeadfoot claims it to be. According to the latest paper by 2 very pro-migration economists, the fiscal benefit of 1 low-skilled immigrant to the US is only $750 per year. And this is despite the fact that they go through some dubious assumptions in their paper to reach this “positive” conclusion.

If the US lets in 5 million low-skilled immigrants, the benefit would be $3.75 billion per year. However, the US government collects roughly $5 trillion in revenue per year, so the actual benefit of those 5 million immigrants is 0.1% of yearly revenue, a miniscule amount. So essentially fiscally neutral.

Link to paper: https://www.aeaweb.org/articles?id=10.1257/pol.20220176

FieldValue
text Immigration to the US is also far from the economics bonanza LoriLeadfoot claims it to be. According to the latest paper by 2 very pro-migration economists, the fiscal benefit of 1 low-skilled immigrant to the US is only $750 per year. And this is despite the fact that they go through some dubious assumptions in their paper to reach this “positive” conclusion. If the US lets in 5 million low-skilled immigrants, the benefit would be $3.75 billion per year. However, the US government collects ro…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-21
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Raw Record

{
  "text": "Immigration to the US is also far from the economics bonanza LoriLeadfoot claims it to be. According to the latest paper by 2 very pro-migration economists, the fiscal benefit of 1 low-skilled immigrant to the US is only $750 per year. And this is despite the fact that they go through some dubious assumptions in their paper to reach this “positive” conclusion. \n\nIf the US lets in 5 million low-skilled immigrants, the benefit would be $3.75 billion per year. However, the US government collects roughly $5 trillion in revenue per year, so the actual benefit of those 5 million immigrants is 0.1% of yearly revenue, a miniscule amount. So essentially fiscally neutral. \n\nLink to paper: https://www.aeaweb.org/articles?id=10.1257/pol.20220176",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-21",
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